Death, Deeds, and Descendents (Social Institutions and Social Change Series)

Clignet's analysis of inheritance patterns in modern America is the fi rst sustained treatment of the subject by a sociologist. Clignet shows that even today inheritance serves to perpetuate both familial wealth and familial relations. He examines what leads decedents to chose particular legal instruments (wills, trusts, insurance policies, gifts inter vivos) and how, in turn, the instrument chosen helps explain the extent and the form of inequalities in bequests, of a result of the gender or matrimonial status of the beneficiaries.  The author's major is to identify and explain the most signifi cant sources of variations in the amount and the direction of transfers of wealth after death in the United States. He uses two kinds of primary data: estate tax returns fi led by a sample of male and female benefi ciaries to estates in 1920 and 1944, representing two successive generations of estate transfers, and publicly recorded legal instruments such as wills and trusts. In addition, Clignet draws widely on secondary sources in the fi elds of anthropology, economics, and history. His fi ndings reflect substantive and methodological concerns. Th e analysis underlines the need to rethink the sociology of generational bonds, as it is informed by age and gender.  Death, Deeds, and Descendants underscores the variety of forms of inequality that bequests take and highlights the complexity of interrelations between the cultures of the decedents' nationalities and issues like occupation and gender. Inheritance is viewed as a way of illuminating the subtle tensions between continuity and change in American society. This book is an important contribution to the study of the relationship between sociology of the family and sociology of social stratifi cation.

Death, Deeds, and Descendents: Inheritance in Modern America (Social Institutions and Social Change Series)

Politics & Social Sciences

Harrington, Brooke

Beckert, Jens

Clignet, Remi

Social Sciences

Routledge

Capital without Borders: Wealth Managers and the One Percent

?A timely account of how the 1% holds on to their wealth?Ought to keep wealth managers awake at night.? ?Wall Street Journal ?Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system.? ?Richard Cooper, Foreign Affairs ?An insight unlike any other into how wealth management works.? ?Felix Martin, New Statesman ?One of those rare books where you just have to stand back in awe and wonder at the author's achievement?Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world's ultra-wealthy.? ?Times Higher Education How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world's richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs?all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.

Business & Money

Economics

Harvard University Press

How do the one percent hold on to their wealth? And how do they keep getting richer, despite financial crises and the myriad of taxes on income, capital gains, and inheritance? Capital without Borders takes a novel approach to these questions by looking at professionals who specialize in protecting the fortunes of the world’s richest people: wealth managers. Brooke Harrington spent nearly eight years studying this little-known group―including two years training to become a wealth manager herself. She then “followed the money” to the eighteen most popular tax havens in the world, interviewing practitioners to understand how they helped their high-net-worth clients avoid taxes, creditors, and disgruntled heirs―all while staying just within the letter of the law.
Capital without Borders reveals how wealth managers use offshore banks, shell corporations, and trusts to shield billions in private wealth not only from taxation but from all manner of legal obligations. And it shows how practitioners justify their work, despite evidence that it erodes government authority and contributes to global inequality.
Harrington’s research offers the first glimpse into the tactics and mentality of a secretive profession that controls astonishingly large flows of capital around the world. Based on sixty-five practitioner interviews―conducted in the traditional financial centers of Europe and the Americas as well as the up-and-coming tax havens of Africa, Asia, and the South Pacific―Capital without Borders gives voice for the first time to an elite that has worked quietly and unobtrusively to enrich the one percent.

Pop Finance: Investment Clubs and the New Investor Populism

During the 1990s, the United States underwent a dramatic transformation: investing in stocks, once the province of a privileged elite, became a mass activity involving more than half of Americans. Pop Finance follows the trajectory of this new market populism via the rise of investment clubs, through which millions of people across the socioeconomic spectrum became investors for the first time. As sociologist Brooke Harrington shows, these new investors pour billions of dollars annually into the U.S. stock market and hold significant positions in some of the nation's largest firms. Drawing upon Harrington's long-term observation of investment clubs, along with in-depth interviews and extensive survey data, Pop Finance is the first book to examine the origins and impact of this mass engagement in investing.
 One of Harrington's most intriguing findings is that gender-based differences in investing can create a "diversity premium"--groups of men and women together are more profitable than single-sex groups. In examining the sources of this effect, she delves into the interpersonal dynamics that distinguish effective decision-making groups from their dysfunctional counterparts.
 In addition, Harrington shows that most Americans approach investing not only to make a profit but also to make a statement. In effect, portfolios have become like consumer products, serving both utilitarian and social ends. This ties into the growth of socially responsible investing and shareholder activism--matters relevant not only to social scientists but also to corporate leaders, policymakers, and the millions of Americans planning for retirement.

Princeton University Press

Offshore: Stealth Wealth and the New Colonialism (A Norton Short)

This engrossing deep dive exposes how the shadowy global system of offshore finance fuels economic crises and austerity while also undermining democracy and the rule of law. Sociologist Brooke Harrington trained as an offshore wealth manager then spent years immersed in tax havens around the world, observing and interviewing the experts who keep the secrets and protect the fortunes of the global ultra-rich. She shows what offshore finance costs all of us, and how it has colonized the world--not on behalf of any one country, but to benefit a largely invisible empire of a few thousand billionaires who help themselves to the best society has to offer while sticking us with the bill. As politicians struggle to address the deepening economic and political inequality destabilizing the world, Harrington's exposé of the offshore system is a vital resource for understanding the most pressing crises of our time.

W.W.Norton&Company

How do the rich keep getting richer, while dodging the long arm of the law? From playboy billionaires avoiding taxes on private islands to Russian oligarchs sailing away from sanctions on their superyachts, the ultra-rich seem to live in a different world from the rest of us. That world is called offshore. Hidden from view, the world's ultra-rich can use offshore finance to escape tax obligations, labor and environmental safety regulations, campaign finance rules, and other laws that get in their way. In Offshore: Stealth Wealth and the New Colonialism, sociologist Brooke Harrington reveals how this system works, as well as how it degrades democracy, the economy, and the public goods on which we all depend. Harrington spent eight years infiltrating this secretive world by training as a wealth manager, traveling from glossy European and North American capitals to developing countries in South America and Africa, to islands in the Indian Ocean, Caribbean, and South Pacific regions. Through interviews with dozens of wealth managers in nineteen countries, Harrington uncovered how this global network of offshore financial centers arose from the remnants of colonialism and has created a new, hidden imperial class This engrossing deep dive reveals what offshore finance costs all of us, and how it has colonized the world--not on behalf of any one country, but to benefit a largely invisible empire of a few thousand billionaires, who help themselves to the best society has to offer while sticking us with the bill. As politicians struggle to address the deepening economic and political inequality destabilizing the world, Harrington's exposé of the offshore system is a vital resource for understanding the most pressing crises of our time.

See the best price to sell, buy, or rent books by Harrington, Brooke. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Harrington, Brooke

See the best price to sell, buy, or rent books by Harrington, Brooke. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Death, Deeds, and Descendents: Inheritance in Modern America (Social Institutions and Social Change Series)

Capital without Borders: Wealth Managers and the One Percent

Capital without Borders: Wealth Managers and the One Percent

Pop Finance: Investment Clubs and the New Investor Populism

Pop Finance: Investment Clubs and the New Investor Populism

Offshore: Stealth Wealth and the New Colonialism (A Norton Short)

Offshore: Stealth Wealth and the New Colonialism (A Norton Short)